Prepare for the Most Unexpected Crypto Listing of the Year! 😲💰

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  • Our dear Binance Coin, or BNB as it is affectionately known, has exhibited a remarkable fortitude in the market, akin to that of Bitcoin, all thanks to an insatiable demand that seems to grow by the day.
  • Indeed, a most optimistic sentiment has been brewing regarding the price of BNB over the past three months; however, one must remain cautious, for should the support level of $520 be compromised, all bets may be off! 😬

In a most astonishing turn of events, the esteemed Kraken Exchange has only now decided to grace us with the listing of Binance Coin (BNB). Earlier this very Thursday, they proclaimed that deposits and withdrawals of BNB are now enabled, just in time for the grand listing on April 22. How very generous of them! 🎉

Kraken Exchange shall offer BNB against the U.S. dollar, the EUR, USDC, and USDT. However, do take heed, for geographical restrictions may apply, as is often the case in such matters.

The announcement has elicited a variety of reactions from the crypto community. While some were left in a state of shock that Kraken had not previously listed such a prominent asset, Binance co-founder Changpeng Zhao wittily remarked that ‘BNB is but a memecoin’. Oh, the audacity! 😂

Top Reasons Why Kraken Listed BNB?

The decision to list BNB at Kraken Exchange was indeed a strategic one, after years of existence in the crypto realm. Notably, BNB has achieved considerable regulatory clarity in recent years, particularly under the watchful eye of the United States. During the Trump administration, Kraken Exchange has also expanded its offerings to keep pace with its competitors. How industrious! 💼

The adoption of BNB has surged significantly, bolstered by the Binance exchange’s efforts. Furthermore, the increasing on-chain activity for the BNB chain has resulted in the burning of over 60 million tokens, valued at a staggering $34 billion. Quite the feat, I must say! 🔥

Midterm Expectations

Since the dawn of 2025, the price of BNB has been closely mirroring the movements of Bitcoin. This large-cap altcoin, boasting a fully diluted valuation of approximately $86 billion and a daily trading volume averaging around $526 million, has demonstrated remarkable resilience amidst the ongoing global trade war. Truly, a tale of survival! 🌍


In the daily timeframe, the price of BNB has been forming a potential reversal pattern since the second inauguration of Trump. Notably, it has established a robust support level above $520, accompanied by a bullish divergence of the Relative Strength Index (RSI). How delightful it is to witness such market theatrics! 🎭

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2025-04-18 00:37